Purchasing property–whether buying a home, purchasing a business location, or adding acreage–can seem like an overwhelming task. In fact, for many people, buying a home is the largest purchase decision they will make in their lifetime. 

As Realtors, there are certain tips and tricks that we at Copperleaf Properties understand–such as how your credit score can affect your home buying process. Knowing your credit score is important for many reasons, and buying a home is no exception. In fact, your credit score plays a significant part in whether or not you will be approved for a mortgage loan. If you have a high credit score, lenders will typically approve you for more money and a low interest rate. However, if your credit score is low, this tells lenders that you might be unreliable when it comes to making payments on time. The lenders may charge you higher interests rates, lower your loan amount, or even deny your request for a loan altogether.

At Copperleaf Properties, we hope to educate our customers to make their real estate experience as enjoyable and stress-free as possible. Our team believes that being informed about your credit is a necessary step in the home buying process.

Here are nine ways to improve your credit score to buy a home.

Having too many credit applications can lower your credit score. Usually, if submitted in a short time, multiple inquiries from the same type of lender are counted as one inquiry.